Insurers > Regulatory Actions>2010 May Rate Factor Review
2010 May Rate Factor Review (for 2011)
Public Comment
OHIC is soliciting public comment through June 11, 2010 on requested rate factors to be used by health plans in 2011. Your feedback is important. Please read
PUBLIC COMMENT SOLICITATION
Large and Small Group Rate Factor Templates
These documents summarize the health plans' requested rate factor increases by type of service and type of increase (price or utilization) for large and small group business. Projected rates of administrative costs and surplus/profit are also included
Request for submissions from OHIC
Health Plan Submissions
The full health plan rate factor submission received by OHIC.
OHIC analysis of provider contracting practices
OHIC surveyed health plans as part of the OHIC affordability standards. This document summarizes health plans submissions.
Health Plan contributions to RI system improvements
OHIC surveyed plans, consistent with Regulation 2, on their investments in community efforts and collaboratives for health system improvement. Results are tabulated here
Health Plan Administrative Costs
The Health Insurance Advisory Council requested additional information on trends in health plan administrative costs plus health plan responses to specific queries. The results are posted here
Analysis of Cost Drivers
Public Comment
Final Rate Factor Decision
July 7, 2010The Office of the Health Insurance Commissioner (OHIC) has issued its decisions regarding the factors health insurance companies in Rhode Island may use in calculating premiums for commercial insurance in 2011. In addition, OHIC has imposed new and significant conditions on health insurer contracts with hospitals in an attempt to slow the rate of health insurance premium increases in the future
